Dynamics 365 Business Central: How Cloud ERP Benefits Professional Services Companies
Running a company and executing a project is easier said than done.
With pending updates hanging by our heads each day, managing time and expenses, detailing invoices and figuring out what is working and what isn’t, checking out what needs betterment or what needs to be enhanced to manage the client’s delivery date. Phew, the list looks long.
But on the day when the project is done and the entirety is green signaled, the happiness you get being a manager or an employee is worth every ounce of hard work you put in to ensure it is completed.
However, there comes a question – Are you still choosing to do all the work and tear manually when you have robust systems that can automate processes and make the workflows more efficient?
Are you facing the issues we said below?
- Entering the same details multiple times a day?
- Data entry errors that go unnoticed. Did that?
- Unsure who is doing what work? Been there?
- Unable to get real-time insights on the project?
If yes is the answer to more than one of the questions we posed, then it is high time for you to chuck those manual practices and adopt a Cloud ERP Solutions to help run your business smoother, smarter, and smarter.
Cloud-based ERP is an enterprise resource planning solution that offers better business intelligence to companies of all sizes, does not take a lot of time to implement, lets you focus on core competencies, saves costs, and does much more to elevate your company’s functioning.
Having a hassle-free and easily decodable cloud ERP interface, stakeholders can steadily make business-critical decisions for your company’s growth.
Benefits of Business Central for Professional Services
In this fast-paced world, it is necessary to use technology for the advancement of your business. Else, you’ll be held back and your competitors charging ahead with more agility and scalability.
Professional services companies will benefit from a robust and agile solution that consolidates their project management, resource management, accounting processes and optimizes daily operations.
From the last few years, the number of companies deploying cloud ERP as a solution grew multifold. From manufacturing to processing and sales to marketing departments, they can rely on real-time data to ensure they run the business effectively, understand and eliminate the business silos and thereby improve the customer experience.
- Automation Is The Future
- Gain Operational Visibility
- Better Financial Reporting
- Faster Communication
- Customer Experience
- Real-Time Data Access
Check out how Business Central will help to run your business effectively.
1. Automation Is The Future
Automating your processes is a sure-shot way to increase efficiency and cut costs. The best investment you can do is to level up manual tasks to automation so you can focus more on increasing customer experience while the ERP systematically reduces operating costs. By automating manual and redundant tasks, your employees have more time to spend on tasks that can deepen more sales funnels and leads to increase revenue.
2. Gain Operational Visibility
No matter the size of your company, be it mid-sized or large, the need for software to understand and gain a bird’s eye view to understand the current operations. Thereby, automated operations ensure tasks are not forgotten or run out of sequence, prerequisite jobs are completed on time, the input data is correct, and any special processing is performed.
3. Better Financial Reporting
By having an in-depth, real-time, and comprehensive view of the financial compliances, it becomes convenient for the company to plan and manage its expenses. Because one slip at finances will cost at large for any business processing. With an amazing solution like Dynamics 365 Business Central, you can easily check cash flow reports, analyze trends, and more.
4. Faster Communication
What constitutes the topmost reasons that delay communication to reach on time? Lack of data. But what if you have all real-time data synced and updated in one system? Seamless communication between different business departments for project planning, resource scheduling, quick collaborations, accurate financial estimates, and more.
5. Customer Experience
Customers don’t anymore base their loyalty on the products you offer or on the prices you sell. Instead, they stay loyal to companies due to the customer experience and hospitality they receive. If you can’t continue with their increasing demands, your customers will leave you. But no worries, you can reach customers anytime and solve their queries faster by having all the data they need to be stored in a system near you.
Bonus Tip: Don’t keep your customers waiting. They won’t like it.
6. Real-Time Data Access
Get business insights right away, make informed decisions based on data, react to situations without any further delay, mitigate the damage, and more. The options are plenty on how companies can leverage up using real-time data to their tune. A cloud ERP solution helps professional services firms by syncing data between systems without any manual effort by your employees. And companies can yield meaningful results.
Dynamics 365 Business Central for Professional Services
With various systems working without being linked and the absence of a strong solution that does not provide a consolidated view of the project at any point in time, it becomes a herculean task for companies to exceed expectations set for each project.
And that’s where Dynamics 365 Business Central comes into play.
Microsoft Business Central is a true-blue SaaS cloud solution that provides a scalable and cost-effective option to brands that, now more than ever, need to be agile to respond to social and economical changes. By connecting business processes across all the necessary and important departments in the company, Dynamics 365 Business Central enables a truly integrated and connected business with real-time data at your fingertips.
To be more precise, this is how Dynamics 365 Business Central helps firms dealing with Professional Services:
- Streamlining business processes through automation thereby enabling stakeholders to focus on more insight-driven tasks.
- Managing resource utilization, better finance planning, ascertaining how much costs needed to be shelled out at any given point of time.
- Better project control by tracking information and visualizing project estimates easily. Can also review commitments without losing sight.
Excited already to learn more about how Dynamics 365 Business Central will assist your company to run daily operations effectively, streamlining functions, and accelerating business growth? Reach out to us.
